NOT LISTED FOR SALE

1007 Forest Hills Ave Charlottesville, VA 22903

Fifeville Neighborhood

Estimated Value: $372,000 - $493,000

-- Bed
2 Baths
884 Sq Ft
$498/Sq Ft Est. Value

Last Sold April 25, 2018

Last sale price $274,500 $311 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,741/month

6 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Open Lot
  • Charlottesville High School Rated A-
  • Central Air
  • 3-minute walk to Forest Hills Park

About This Home

As of April 2018

Unit A is currently leased for $895 per month on a month-to-month basis. Unit B is currently leased for $995 per month through 7/31/2019

Last Agent to Sell the Property

RICHARD SPURZEM

RICHARD T. SPURZEM REAL ESTATE License #0225110380[630] Listed on: 02/23/2018

Last Buyer's Agent

Default Agent

Default Office License #CAAR:DEFAULT

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,422

Year Built

  • Built in 1963

Lot Details

  • 8,276 Sq Ft Lot
  • Open Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation
  • Composition Roof

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood Flooring

Laundry

  • Dryer
  • Washer

Schools

  • Johnson Elementary School
  • Walker & Buford Middle School
  • Charlottesville High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, trash removal, sewer, water
  • The owner pays for real estate taxes

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,422

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • New Construction: No
  • Year Built: 1963
  • Remarks Public: Unit A is currently leased for $895 per month on a month-to-month basis. Unit B is currently leased for $995 per month through 7/31/2019
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Oven/Range - Electric, Microwave, Refrigerator, Dryer, Washer
  • Flooring Type: Hardwood
  • Fireplace: No
  • Foundation Details: Block
  • Price Per Sq Ft: 155.26
  • Street Number Modifier: 1007

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Roof: Composite
  • Water Oriented: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: CHARLOTTESVILLE CTY PUBLIC SCHOOLS
  • Elementary School: JOHNSON
  • Middle School: WALKER & BUFORD
  • High School: CHARLOTTESVILLE
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138065239
  • School District Source: Listing Agent
  • Elementary School: JOHNSON
  • High School: CHARLOTTESVILLE
  • Middle Or Junior School: WALKER & BUFORD

Lot Info

  • Lot Features: Open
  • Lot Size Acres: 0.19
  • Zoning: R-1S
  • Zoning Description: (Small Lot) Residential

Rental Info

  • Owner Pays: Taxes - Real Estate
  • Tenant Pays: Electricity, Trash Removal, Sewer, Water
  • Vacation Rental: No

Multi Family

  • Gross Income: 1890.00
  • Other Units: Unit 1

Tax Info

  • Tax Annual Amount: 2422.50
  • Tax Year: 2018
  • Close Date: 04/25/2018

MLS Schools

  • School District Name: CHARLOTTESVILLE CTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2018
Closed on
Mar 13, 2018
Sold by
Neighborhood Investments Llc
Bought by
Becker William
Seller's Agent
RICHARD SPURZEM
RICHARD T. SPURZEM REAL ESTATE
Buyer's Agent
Default Agent
Default Office
List Price
$269,500
Sold Price
$274,500
Premium/Discount to List
$5,000
1.86%
Current Estimated Value
$440,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,118
Avg. Annual Appreciation
8.24%
Original Mortgage
$281,088
Outstanding Balance
$242,765
Interest Rate
4.44%
Mortgage Type
VA
Estimated Equity
$247,243

Purchase Details

Closed on
Sep 2, 2010
Bought by
Neighborhood Investments Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Becker William $274,500 Closure Title Settlement Co
Neighborhood Investments Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Becker William $281,088
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2018 04/25/18 Sold $274,500 +1.9% $311 / Sq Ft
03/01/2018 03/01/18 Pending -- -- --
02/23/2018 02/23/18 For Sale $269,500 -- $305 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,944 $396,600 $120,000 $276,600
2024 $3,944 $352,000 $117,900 $234,100
2023 $3,348 $342,700 $117,900 $224,800
2022 $3,105 $317,400 $109,300 $208,100
2021 $2,703 $278,500 $105,800 $172,700
2020 $2,601 $267,700 $91,700 $176,000
2019 $2,382 $244,700 $72,200 $172,500
2018 $1,240 $255,000 $78,800 $176,200
2017 $2,155 $220,800 $60,600 $160,200
2016 $2,001 $210,600 $55,100 $155,500
2015 $2,001 $210,600 $55,100 $155,500
2014 $2,001 $210,600 $55,100 $155,500
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    RICHARD SPURZEM

    RICHARD T. SPURZEM REAL ESTATE

  • D

    Buyer's Agent in 2018

    Default Agent

    Default Office

See All Agents

Map

Source: Bright MLS

MLS Number: 572238

Bright MLS

APN: 240-012-000

Virginia Charlottesville County Charlottesville 22903 Fifeville

1007 Forest Hills Ave, Charlottesville, VA

This home is located at 1007 Forest Hills Ave, Charlottesville, VA 22903 since 23 February 2018 and is currently estimated at $440,618, approximately $498 per square foot. This property was built in 1963. 1007 Forest Hills Ave is a home located in Charlottesville City with nearby schools including Johnson Elementary School, Buford Middle School, and Charlottesville High School.

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